Jack Ma

The company also said it is close to securing a manufacturing partner in Brazil, which will help it skirt punishing tariffs on imported electronics when it begins sales in Latin America's largest economy in the first half of this year.

The meeting took place the same day the regulator, the State Administration for Industry and Commerce (SAIC), backtracked on an earlier report that had excoriated the Chinese online commerce company for not doing enough to suppress counterfeiting on its websites.

Jack Ma, the founder and executive chairman of China's online market place Alibaba, believes his company is still in the very early stages of reaching its full potential.

Alibaba has lost more than a third of its value so far this year as fears of slowing growth in China, the company's biggest market, unnerved investors.

Chinese shopping mall developer Dalian Wanda Commercial Properties makes its debut in Hong Kong on Tuesday in what will be Asia's biggest initial public offering (IPO) this year, but market sentiment is far from strong, according to experts.

US markets ended higher with the Dow and S&P 500 finishing at records. European markets ended mixed while Asia is cautious in morning trade. Meanwhile, crude prices head lower ahead of the crucial OPEC meet today.

Ma said Alibaba -- whose IPO in September this year ranks as the world's biggest at USD 25 billion -- is already working with many businesses in India.

Speaking to CNBC from his company's headquarters in Hangzhou, China, Alibaba founder and executive chairman Jack Ma said he has not been happy recently, and he finds being his country's richest man "a great pain."

Remember, Reliance Power IPO? The Anil Ambani-led firm had the whole nation talking and investors were sure of handsome returns. That was in 2008, the start of the stock market meltdown

The Chinese e-commerce behemoth on Friday said it expects to price its IPO between USD 60 and USD 66 per share to raise as much as USD 24.3 billion - making it the largest US public offering in history.

Next month, the three poster boys for Asian technology entrepreneurship, bound by a shared ambition and a taste for sushi and golf, are set to be reunited on Alibaba's board following the firm's long-awaited New York IPO.

China's largest e-commerce firm, Alibaba Group , expects to sell merchandise this year worth more than that sold by Amazon Inc and eBay combined, Alibaba's chief strategy officer said on Saturday.

Alibaba Group faces a challenge of hanging on to top spot in China's USD 36 billion e-commerce market.

Chinese Internet company Alibaba Group's head Jack Ma said he is 'interested' in buying Yahoo, even as the US company is being approached by private equity firms and others for a potential deal, says a media report.

Jack Ma, the founder and CEO of Chinese e-commerce giant Alibaba, is keen on buying Yahoo Inc if the opportunity presents itself and has held discussions with other potential buyers about options.

Alibaba founder and CEO Jack Ma is keen on buying Yahoo Inc if the opportunity presents itself and has held discussions with other potential buyers about options.

Alibaba founder Jack Ma didn't shed new light on his negotiations with Yahoo Inc and Softbank during an appearance at a conference on Wednesday, but he did offer some unexpected advice for Yahoo.

Yahoo Inc has resolved a dispute with Alibaba Group over the Chinese company's transfer of its online payment system Alipay to Chief Executive Jack Ma, two sources close to the matter said.